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(OBCL) Orissa Bengal complete technical analysis [charts+indicators] | Buy/Sell Orissa Bengal | (OBCL) share price targets

Complete technical analysis of Orissa Bengal (OBCL) by charts plus indicators, forecast predictions and share price targets for Orissa Bengal (OBCL)

Showing technical analysis as on 2024-11-19 View latest technical analysis

10 day averaged volume of Orissa Bengal is 21057

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	56.35	56.81	57.19	55.01	2.606 times
18 Mon Nov 2024	56.75	57.40	57.40	56.75	0.388 times
14 Thu Nov 2024	56.76	57.54	57.55	56.75	0.422 times
13 Wed Nov 2024	56.77	55.05	57.47	55.05	0.833 times
12 Tue Nov 2024	56.92	56.95	57.75	56.75	0.602 times
11 Mon Nov 2024	56.92	57.11	57.36	56.75	0.469 times
08 Fri Nov 2024	56.75	57.20	57.22	56.75	0.371 times
07 Thu Nov 2024	56.80	57.25	57.25	56.27	0.781 times
06 Wed Nov 2024	57.04	58.00	58.00	56.33	0.733 times
05 Tue Nov 2024	56.49	55.60	57.45	55.60	4.651 times

Stock of Orissa Bengal (OBCL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 56.4, for a target of 56.6 or 56.82

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.00
Upside Target	57.40
Upside Target	57.75
Upside Target	58.00
Upside Target	58.85
Upside Target	59.80
Upside Target	61.99
Upside Target	63.89
Upside Target	64.55

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	55.11
Downside Intraday Target	53.86
Upside Intraday Target	57.5
Upside Intraday Target	58.64
Downside Intraday Target	56.25

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	56.35	57.40	57.40	55.01	1.287 times
14 Thu Nov 2024	56.76	57.11	57.75	55.05	0.319 times
08 Fri Nov 2024	56.75	57.29	58.00	55.60	1.562 times
01 Fri Nov 2024	57.29	59.00	59.80	55.58	0.437 times
25 Fri Oct 2024	56.96	58.85	58.85	55.99	1.84 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Orissa Bengal (OBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	56.35	57.90	58.00	55.01	0.35 times
31 Thu Oct 2024	56.75	56.82	59.80	54.52	0.526 times
30 Mon Sep 2024	56.75	58.45	61.99	56.00	0.966 times
30 Fri Aug 2024	57.64	60.70	63.89	54.05	1.026 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Orissa Bengal (OBCL)

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Orissa Bengal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orissa Bengal in short term and the sell signal is strong.

Orissa Bengal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Orissa Bengal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Orissa Bengal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.6 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Orissa Bengal (OBCL) stock. Volume based technical analysis of Orissa Bengal (OBCL) stock is negative.

Orissa Bengal Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.